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Despite the sale of around two million metric tons of old-crop food-grade rice stocks this week, export prices increased around two percent as exporters are seeking new-crop white rice...
On January 27, 2017, the Thai Food and Drug Administration notified the WTO (G/SPS/N/THA/183/Rev.1) on the Ministry of Public Health (MOPH) Notification Regarding Food Containing Pesticide Residue.
Export prices further declined one to two percent in anticipation of the sale of all the remaining food-grade government rice stocks on February 16, 2017.
Export prices declined one to two percent due to the sales of government rice stocks associated with the tender for 3.8 million metric tons on July 25.
The planting of the MY2016/17 main rice crop is still 30 percent behind last year. Aggressive sales of government stocks will likely increase Thai rice exports to 9 million metric tons in 2016.
Export prices were steady due to little trading activity during the holiday week.
Export prices remained steady this week due to little trading activities during the Chinese New Year holiday.
Export prices increased one percent due mainly to the strengthening Thai baht. Prices remain under downward pressure despite government measures to keep new-crop rice off the market.
Export prices further declined one to two percent due to weak demand even though the first shipment under the government-to-government agreement with China is set to take place next week.
Export prices increased two to four percent due to new enquiries for parboiled rice amid tight supplies of white rice paddy for parboiled rice production.
Export prices further declined one to two percent due to the weakening Thai baht and low foreign demand.
Export prices further declined one to two percent due to a lack of new inquiries as traders are awaiting bumper supplies of new-crop rice to enter the market in November.